Archive for the ‘Morning Briefing’ Category
Squawk Morning Briefing: Welcome Back My Friends to the Show that Never Ends
U. S. Equities put in another new high on Tuesday and although peaks continue to arrive on what appears to be lower momentum with lots of divergence, there still isn’t clear evidence that a top is in. Therefore, we’ll continue to wait for the scenario to play out as we outline in today’s video briefings.
Squawk Morning Briefing: Another New Day; Another New High
We don’t know that today will bring another new high, but lately that has been the pattern. And even though the continued grind upward remains tiresome, the upward pattern still appears incomplete as we discuss in our video briefings today. The Euro looks to have already turned and should continue downward after it completes an […]
Squawk Morning Briefing: Another New High?
Equity futures seem poised to generate a gap up at the open. That combined with incomplete upward counts has us looking for continued new highs. Nevertheless, we continue to see a move that is in it’s latter stages, even though it may continue to stagger upwards. The Dollar looks poised for a string of new […]
Squawk Morning Briefing: Singing the BLS
All the markets we follow are in precarious spots where they could break one direction or the other. Perhaps today’s BLS Nonfarm Payroll report will push things one direction or the other. Alternatively it could be the push to finish a move before reversal. Whatever happens, the report has a way of creating wild moves […]
Squawk Morning briefing: Still Digging Out
Presumably traders will all be back at work today even though things seem to be quite messy outside in the Northeast. Rough conditions has gotten us a bit behind this morning so rather than focus on a summary here, we’ll point readers straight to our individual videos.
Squawk Morning Briefing: Still Bearish; Bruised and Bearish
We remain cautious based on the whipsaws the past few days, but will stick with our discipline. It continues to suggest that we are near an important top. Our latest analysis is in our video briefings.
Squawk Morning Briefing: More Selling Likely
Both equities currencies put in sharp moves on Friday that have an impulsive look to them. To us, that suggests that we haven’t yet seen the full extent of the move down even though we may see a strong corrective pop. Should the second leg down take out our long-standing confirmation levels then we will […]
Squawk Morning Briefing: No News is No News
We continue to anticipate earnings from CVX, a DJIA component, this morning along with the first estimate of fourth quarter GDP. These events have the ability to move the market. Perhaps that will shake the DJIA from its narrow trading range so we can see whether it has begun its turn down or whether it […]
Squawk Morning Briefing: This Time We Mean it!
Since we sent out our alert on the Euro , the currency has reached higher one last time to put in a high that is just about a pip higher, but the pattern remains valid and is shown in our Euro briefing. It does not guarantee that we will turn, but that remains what the […]
Squawk Morning Briefing: No Change
The FMOC releases a statement today at 2:15 Eastern and the expected message is “no change.” Those two words represent the bulk of our update today. We’re still waiting for confirmation of a turn in markets. Details, as always, are in the individual videos.